Retail demand for potatoes has increased in Northern Europe and the UK due to colder weather conditions, with a particular rise in demand for peeling produce as the food service sector prepares for the Christmas period. Despite a timely harvest, average yields, especially for later planted crops, have exerted some pressure on prices. The market is also dealing with the need to clear problem lots in storage, which is affecting market trends, although prices remain stable. Reports indicate that breakdown issues with late planted, late lifted crops are becoming more common. However, dry samples are firm with some higher values noted this week.
The seed market is experiencing tightness, with repeat order buyers being prioritized where stocks are available. Export demand to the Canaries varies, described as "steady" by some and "very good" by others. In the UK, with the harvest completed and potatoes now in storage, the market is seeing increased activity as packers gear up for the seasonal demand surge. The Expana Benchmark Price (EBP) for English white potatoes was assessed at £330/mt on November 27, marking a 3% decrease from the previous year.
Price reports to Expana for White and Maris Piper potatoes in Scotland and England have shown a wide range, with some reaching £370/mt for English White potatoes and £350/mt for Scottish White potatoes. Maris Piper potatoes are fetching similar prices. A market source mentioned, "Some growers are still holding onto their stocks, expecting prices to climb to £400/mt." The variation in prices is attributed to the quantity purchased and the procurement of specific varieties in large quantities, which incurs a premium.